Despite the COVID-19 conditions that exist around the world,
activities in the commercial crime space continue along. Australia
inches ever more-closer to substantial reforms to its foreign
bribery and commercial crime laws, although it has been over 4
years from when they were first proposed. These will, once enacted,
have a considerable impact on international supply chains and
require Australian business to be robustly proactive in
identifying, managing and minimising risk in order to protect
themselves from potential strict criminal liability. Our Foreign
Bribery Updates are now focused on the broader topic of Commercial
Crime, which is now of greater importance to governments across the
world. Australian businesses needs to be aware of these
developments in order to protect themselves from potential criminal
liability and reputational issues.
